Much to our surprise we have been informed by our broker that my Chigwell lawyer is not on the bank Solicitor panel. What can I do to be certain if this is indeed the case?
The first thing you need to do is to call your Chigwell lawyer directly. You lawyer should notify you what has happened. Where they are not on the panel they may recommend you to a Chigwell conveyancing practice that is on the conveyancing panel for your lender.
My fiancee and I are acquiring our first home. Our property lawyer has messagedto see if we would like to order extra conveyancing searches. Unfortunately we have no idea as to what's needed for conveyancing in Chigwell
The extent of Chigwell conveyancing searches should be dictated entirely on the property, the location, the possibility of any of these risks, your knowledge of the region and risks, your general appetite to risk. What is important is that you properly understand what information each search could supply. Then you can make a decision if you consider that you need that search. If uncertain, ask the conveyancer to recommend.
What does my ID and proof of funds have anything to do with my conveyancing in Chigwell? Why is this being asked of me?
It is indeed that case that the requirement set out by your lawyer has nothing to do with conveyancing in Chigwell. However these days you will not be able to complete any conveyancing deal in the absence handing over proof of your identity. Ordinarily this takes the form of a either your passport or driving licence and a bank statement. Remember if you are providing your driving licence as proof of ID it must be both the paper section as well as the photo card part, one is not sufficient without the other.
Proof of the source of monies is required under Money Laundering Regulations. You should not be offended when when this is requested of you as your conveyancer must have this information on record. Your Chigwell conveyancing solicitor will need to see evidence of proof of funds before they are able to accept any monies from you into their client account and they should also ask further queries concerning the source of funds.
I've recently found out that there is a flying freehold issue on a house I put an offer in two weeks back in what should have been a simple, chain free conveyancing. Chigwell is where the house is located. Can you offer any opinion?
Flying freeholds in Chigwell are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Chigwell you must be sure that your lawyer goes through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Chigwell may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
I need to find a conveyancing solicitor for remortgage conveyancing in Chigwell. I've land on a web site which looks to be the ideal answer If there is a chance to get all the legals done via web that would be ideal. Do I need to be concerned? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?